New York Life Investment Management LLC Sells 1,136 Shares of Tesla, Inc. $TSLA

New York Life Investment Management LLC cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 408,321 shares of the electric vehicle producer’s stock after selling 1,136 shares during the quarter. Tesla makes up about 1.6% of New York Life Investment Management LLC’s portfolio, making the stock its 12th largest position. New York Life Investment Management LLC’s holdings in Tesla were worth $183,630,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Networth Advisors LLC bought a new position in Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new position in Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. boosted its stake in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. bought a new position in Tesla during the fourth quarter worth $30,000. 66.20% of the stock is owned by institutional investors.

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 80,213 shares of company stock valued at $30,851,105 in the last 90 days. 19.90% of the stock is currently owned by corporate insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla received fresh momentum from reports that it was authorized to test supervised self-driving software in Belgium, reinforcing the bullish case for its autonomy roadmap. Reuters: Tesla authorised to test supervised self-driving software in Belgium
• Positive Sentiment: Investor optimism also improved after Tesla-related articles highlighted stronger China FSD hopes, a new easy-loan incentive for Chinese buyers, and broader enthusiasm around the robotaxi and Optimus narratives. TipRanks: Tesla Gives Chinese EV Drivers an ‘Easy Loan’ Incentive
• Positive Sentiment: Tesla’s Berlin expansion plan and a KBRA preliminary rating on its sustainable energy ABS deal support the view that the company is still investing in manufacturing and energy financing growth. Zacks: Can Tesla’s $250M Berlin Expansion Strengthen Its EV Lead?
• Neutral Sentiment: UBS raised its price target to $364 but kept a Neutral rating, while Barclays reiterated Neutral and Phillip Securities kept a Sell rating, signaling mixed Wall Street views rather than a clear catalyst. MarketScreener: UBS raises Tesla price target
• Neutral Sentiment: Media coverage around Elon Musk’s China trip, Trump’s delegation, and comparisons with rivals like Ford and BYD added noise, but the biggest investor takeaway is still Tesla’s AI/autonomy upside versus execution risk. Invezz: Why Tesla stock is jittery as Elon Musk visits Beijing
• Negative Sentiment: On the bearish side, Tesla faced fresh skepticism from analysts and bearish commentary about valuation, plus criticism that rivals are advancing on certain AI and EV features, which could cap upside if execution slows. TipRanks: Tesla AI Falters Against Rivian

Tesla Stock Down 0.4%

TSLA opened at $443.30 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company’s 50-day moving average is $386.08 and its 200 day moving average is $418.25. Tesla, Inc. has a fifty-two week low of $273.21 and a fifty-two week high of $498.83. The firm has a market capitalization of $1.66 trillion, a P/E ratio of 406.70, a PEG ratio of 17.56 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the company posted $0.27 earnings per share. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TSLA shares. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective on the stock in a research note on Friday, April 24th. HSBC initiated coverage on shares of Tesla in a research note on Monday, April 27th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesla in a report on Monday, April 27th. Glj Research reissued a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $395.20.

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.